Nvidia (NVDA) was the big winner in the AI space during 2024 as it solidified its lead in GPUs, which led to a 185% stock rally. Meanwhile,
Advanced Micro Devices' stock price fell to new 52-week lows. Click here to find out the factors that present a strong buying opportunity for AMD stock.
We recently compiled a list of the 10 Best Revenue Growth Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other revenue growth stocks.
Shares of Advanced Micro Devices ( AMD -1.05%) fell 18.1% in 2024, according to data from S&P Global Market Intelligence. It may seem odd that AMD fell so much in 2024 given the outperformance of some of its AI-oriented semiconductor peers. Moreover, AMD met or beat revenue and earnings expectations on every one of its earnings releases last year.
When it comes to semiconductor stocks, odds are that companies such as Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) are the first that come to mind. Over much of the last two years,
Nvidia ( NVDA 0.21%) is one of the most widely followed stocks today, and it's easy to see why. Its lead in the artificial intelligence (AI) accelerator market supercharged its revenue growth and made it the largest semiconductor stock, as measured by market cap, next to Apple.
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously thought.”
According to Morgan Stanley, a group of four tech giants (Microsoft, Amazon, Alphabet, and Meta Platforms) could spend a combined $300 billion building data center infrastructure for artificial intelligence (AI) development during 2025.
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete with Nvidia. Here's what to know.
For long-term value investors, the recent pullback in AMD's share price on the back of HSBC's downgrade offers a golden opportunity to buy the stock. Read more here.
Shares of Taiwan Semiconductor Manufacturing soared over 100% during the last 12 months, placing the chip giant in rare company -- the trillion-dollar club.